IMF Staff Country Reports

Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea

July 6, 2021

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Format: Chicago

Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea, (USA: International Monetary Fund, 2021) accessed September 20, 2024

Also available in: français

Summary

While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.

Subject: COVID-19, Debt sustainability analysis, Economic sectors, External debt, Health, International organization, Mining sector, Monetary policy, Public debt

Keywords: Accommodative fiscal policy, Africa, Authorities' intention, COVID-19, Debt sustainability analysis, Global, Guinean authorities, Mining sector, Money market rate, Near-term priority, Value chain, West Africa

Publication Details

  • Pages:

    111

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2021/146

  • Stock No:

    1GINEA2021001

  • ISBN:

    9781513587790

  • ISSN:

    1934-7685

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